Banks prefer to finance new development projects rather than existing assets in Poland, according to a study carried out by accountancy firm KPMG. In Austria and Slovakia, lenders are equally open to financing either development or existing assets, the findings show.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
